In Hong Kong Travel Rule requirements are set forth in the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 ("Regulations"). You can read more about Travel Rule requirements in Hong Kong here.
Threshold
In Hong Kong, Travel Rule requirements apply regardless of the transaction amount. However, a wider scope of information needs to be transmitted above the threshold specified above.
Amount | Currency | Source |
8,000 | HKD | Section 13.A (4) of the Regulations |
Required Originator and Beneficiary information vs Notabene system
Party to the TX | Required information (*) | IVMS field | Required < Threshold? (**) | Required > Threshold? (**) |
Originator | Name |
| Yes | Yes |
Originator | Number of the originator’s account |
| Yes | Yes |
Originator | Address |
| No | OR |
Originator | Number or identification document |
| No | OR |
Originator | Customer identification number |
| No | OR |
Originator | Date and place of birth |
| No | OR |
Beneficiary | Name |
| Yes | Yes |
Beneficiary | Number of the recipient’s account |
| Yes | Yes |
(*) According to Section 13.A (2) and (4) of the Regulations
(**) YES = Required ; OR = Alternative fields